Lincoln Educational Servs Q4 2023 GAAP EPS $0.22 Misses $0.28 Estimate, Sales $102.50M Beat $96.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lincoln Educational Services (LINC) reported Q4 2023 GAAP EPS of $0.22, missing the $0.28 estimate, but sales of $102.50M exceeded the $96.20M estimate, marking an 11.68% increase from the previous year.
February 26, 2024 | 1:01 pm
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Lincoln Educational Services reported a mixed Q4 2023 with an EPS miss but a sales beat, showing significant year-over-year growth.
The EPS miss could negatively impact investor sentiment in the short term, but the sales beat and year-over-year growth are positive indicators of the company's performance and could offset negative reactions. The mixed results lead to a neutral short-term price direction expectation.
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